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Cabinet approves Fairfax acquisition of 60.72% stake in IDBI Bank

The ₹52,878 crore approval moves a five-year disinvestment process towards completion, with the IDBI Bank transaction expected to be finalised before the current fiscal year ends.

Read the full story → · Latest coverage 14 Oct 2026, 1:09 pm UTC

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Cabinet approves Fairfax bid for majority IDBI Bank stake

Indian Express ↗

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8 articles

  1. Centre to sell 60.7% stake in IDBI Bank to Canadian firm for Rs 52,000 crore
    Scroll.in
  2. Fairfax To Acquire 60.72 Per Cent Stake In IDBI Bank For Rs 52,878 Crore As Cabinet Approves The 'Strategic Restructuring'
    Swarajya
  3. Cabinet Approves Sale Of 60.72% Stake In IDBI Bank To Canada's Fairfax
    Times now
  4. Canada's Fairfax to buy 60% stake in IDBI Bank as govt okays Rs 52,878-crore sale
    India Today
  5. Cabinet approves Fairfax’s ₹52,878-cr bid for IDBI Bank; largest FDI ever in India’s financial sector
    The Hindu